So passionate is Wray about not releasing the memo that White House officials are worried he may well quit if Trump gives Congress the OK to do so.

And yet, as Trump boarded Marine One to return to Washington from a speech at the Republican congressional retreat in West Virginia on Thursday afternoon, a senior administration official made clear that the President is expected to give Congress the go-ahead as soon as Friday morning.

"The president is OK with it," a senior administration official said. "I doubt there will be any redactions. It's in Congress' hands after that."If you are surprised by that decision, you have been residing on another planet for the better part of the last three years.If you have been paying attention since Trump announced his presidential bid in June 2015, you know that the President is actually a very simple person to understand. He views everything that comes across the transom through one lens: "How does this impact me?"

Sure, we all tend to think of how every situation impacts us. Self-interest is a very powerful motivator, after all.But most people who get elected president tend to open their aperture when considering how to react to the million things that cross their desk every day. Among those broader concerns: 1) Is this true? 2) Is this in the best interest of the country? 3) Will this set any sort of dangerous precedent for future White Houses?

Trump, as he has shown any number of times as president (and as a candidate) is entirely unburdened by those sorts of concerns. To him, all decisions about what to do with a certain piece of information or how to react to a certain situation center around this basic question: Does this make me look good/smart? It's the logic that led candidate Trump to tweet this in the wake of the 2016 Pulse nightclub shooting that left 49 people dead: "What has happened in Orlando is just the beginning. Our leadership is weak and ineffective. I called it and asked for the ban. Must be tough."

It's same sort of thinking that led businessman Trump to create a fictional employee -- "John Miller" -- who, in the 1980s, would call the New York tabloids and brag on "Mr. Trump's" sexual virility and attractiveness to the opposite sex.Trump doesn't think in terms of good/bad or true/false. He thinks in terms of advantage/disadvantage or, to put it in more Trumpian terms, winning/losing.

The stock market took its steepest fall of Donald Trump's presidency Friday amid fears that the economy is overheating and his new Federal Reserve chief will face pressure to raise interest rates.

The Dow Jones Industrial Average fell by 665 points, or about 2.5 percent, after the Labor Department reported that the economy added 200,000 new jobs in January, up from 160,000 in December. Wages saw their biggest year-over-year increase since June 2009, rising by 2.9 percent over January 2017.

Trump crowed about the strong economy, tax cuts and wage growth during his State of the Union speech on Tuesday. But too much good news may lead to bad news for one of his favorite barometers of his presidency — the stock market.

Traders attributed Friday's market decline in part to to the wage data and all the bonuses flowing out after the tax cut plan, stoking fears of inflation. When Trump's new Fed chair, Jerome Powell, is sworn in on Monday, he could find himself leading the central bank in a fight against rising prices by raising interest rates more quickly than previously expected.

"People are obviously concerned that rates are going to go up faster and you are seeing that in the bond market," said Stephen Massocca of Wedbush Equity Management. "What people didn't really expect was all these employee bonuses injecting money directly into the economy and that could be inflationary."

In a statement shortly before the memo’s release, McCain didn’t pull any punches.

“In 2016, the Russian government engaged in an elaborate plot to interfere in an American election and undermine our democracy,” McCain said. “Russia employed the same tactics it has used to influence elections around the world, from France and Germany to Ukraine, Montenegro and beyond.”

McCain said Russia’s interference has, at best, sown political discord and succeeded in “dividing us from each other.” Attacking the intelligence community is not how to fix the discord, he said.

To further delude the base, Republicans resuscitated the hoary myth central to their donor-driven worldview: that tax cuts pay for themselves or, at least, offset much of their costs by stimulating economic growth. This GOP Tax Fairy has been thoroughly discredited by Republican economists and, more importantly, by economic history. No matter &#8213; the legislation passed. Now the donors who finance Republican officeholders are bonded to the president who signed their dream bill into law.

Former CIA counterterrorism official Phil Mudd: The FBI people "are ticked" and they'll be saying of Trump, “You’ve been around for 13 months. We've been around since 1908. I know how this game is going to be played. We're going to win" http://cnn.it/2GEPZD3

"I think it's disgusting, I think it's pathetic. ... This is a fabricated, manufactured, hack partisan sideshow circus act in order to discredit the FBI," Ana Navarro says in reaction to the release of the Nunes memo http://cnn.it/2E0Bz28